You did not mention your output current requirements. If low enough, inrush protection may not be needed. Output voltage and current meters (or the digital meter equivalent) should be adequate. I can calculate power if needed. The switching scheme is overkill. The fuse (or maybe a circuit breaker) should be adequate. There are a number of small low amp circuit breakers available, but they may not be as fast as a fuse.
Attached a picture of the old Heathkit IP-5220 schematic. I have used this unit with no issues for years. The schematic shows two output connectors, mine is different with one connector attached to the variac output (not isolated) and the other as shown on the isolated output. And I have blown the 1A fuse on many occasions. I usually do not use the 3A range.